CBOE Volatility Index Hits Highest Level in More Than Four Months at 21.41
JH Kim
Summary
- The Chicago Board Options Exchange’s Volatility Index (VIX) rose to its highest level in more than four months.
- The CBOE Volatility Index gained 4.97 points from the previous session to 21.41.
- The rise showed that the VIX is an indicator of higher expected stock-market volatility over the next 30 days.
Forecast Trend Report by Period
The CBOE Volatility Index, known as Wall Street’s fear gauge, climbed to its highest level in more than four months.
Walter Bloomberg reported on October 16 that the VIX rose 4.97 points from the previous session to 21.41.
The VIX measures expected stock-market volatility over the next 30 days based on options prices tied to the S&P 500 Index.
With the latest rise, the VIX reached its highest level in more than four months.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.